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Nigeria secures $155m clean energy investments

  • 26th July 2026

NGX sheds 0.19% as Presco, banks drag index

  • 25th July 2026

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  • 25th July 2026

US imposes new tariffs on UK, Canada, others

  • 24th July 2026

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Global FDI hits $1.6trn in 2025 as Nigeria’s inflow

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Dangote refinery offshore terminal records 1,100 tanker calls

Dangote Petroleum Refinery’s offshore marine terminal has recorded approximately 1,100 tanker calls since commencing operations and currently handles about 75 tanker visits each month. The company said the number of tanker calls is expected to increase to between 900 and 1,000 annually as the refinery ramps up to full capacity. The figures highlight the growing […]

Tech

Apple, Nvidia battle for world most valuable company

Apple and Nvidia went head-to-head on Friday for the title of the world’s most valuable company, with the iPhone maker briefly overtaking the long-standing leader in market capitalisation. Nvidia shares fell by about 3 per cent in early trading, pushing the chipmaker’s market value down to $4.84tn, while Apple’s market capitalisation stood at around $4.88tn. […]

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Leather jacket worn by Nvidia CEO sold for $960,000

Nvidia Chief Executive Officer Jensen Huang’s pre-worn and signed jacket went on sale on Friday. Whether at product launches, company events or trade shows, Huang is almost always dressed in his trademark black Tom Ford leather jacket. The pre-worn and signed jacket attracted 65 bids and was sold on Friday for $960,000 — far above […]

Tech

Apple, Google ordered to remove ‘nudify’ apps from App Stores

The City of San Francisco, United States has ordered Apple and Google to remove dozens of “nudify” apps from their respective app stores, escalating scrutiny of tech companies over software that digitally alters images to make people appear unclothed. The apps use artificial intelligence to manipulate photographs and create non-consensual sexualised images of individuals. California […]

Tech

Databricks valuation hits $188b in new funding round

Databricks has announced a new funding round that values the company at $188 billion. The company did not disclose the exact amount raised, saying the funds have not yet been received and that the round is expected to close later this summer. Databricks has been on an aggressive fundraising streak over the past year and […]

Tech

TikTok faces UK probe over alleged failure to protect children

The watchdog said it had “particular concerns” about TikTok’s approach to age assurance, nearly a year after child-safety measures under the Online Safety Act came into force. According to Ofcom, TikTok’s method of estimating users’ ages may have failed to correctly identify “a significant proportion of children”, potentially exposing them to harmful content. The regulator […]

Business

Chapel Hill Denham wins top Africa, Nigeria investment banking honours

Chapel Hill Denham has secured three honours at the 2026 Euromoney Awards for Excellence held in London. The investment bank was named Africa’s Best Investment Bank for Financial Institutions, Nigeria’s Best Investment Bank, and Nigeria’s Best Investment Bank for Equity Capital Markets. According to a statement, the award for Africa’s Best Investment Bank for Financial […]

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Emefiele: S’Court affirms forfeiture of seven properties, $2m to FG

The Supreme Court on Friday, July 17, 2026, affirmed the final forfeiture of seven landed properties, the sum of 2,045,000 dollars (Two Million, Forty-Five Thousand United States Dollars) and share certificates linked to a former Governor of the Central Bank of Nigeria, Godwin Emefiele, to the Federal Government of Nigeria. In a unanimous judgment delivered […]

Policy and Regulations

Keyamo allows third-party payment for Peter Obi’s airport violation fine

Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has asked Mr Nnaemeka Ikerionwu, who volunteered to pay the N25,000 fine imposed on Labour Party’s 2023 presidential candidate, Mr Peter Obi, to liaise with the Federal Airports Authority of Nigeria on the payment process. Last Friday, Keyamo, in a statement posted on his X handle, […]

Crypto

Tinubu signs executive order to harmonise cryptocurrency regulation

President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, establishing a new framework to coordinate the regulation of virtual assets across government agencies as Nigeria seeks to curb fraud while supporting innovation in the digital economy. The Executive Order, which takes immediate effect, creates a Virtual Asset Council chaired by […]

Investment

Gov Otti secures $145m solar plant investment for Abia

Abia State Governor Alex Otti has welcomed a proposed 145 million dollar investment to establish a solar manufacturing plant in Isiala Ngwa South Local Government Area, describing it as a major boost to the state’s industrial and renewable energy ambitions. The development was disclosed in a statement issued on Thursday by the Chief Press Secretary […]

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